Shenzhen Sine Electric Co. Ltd. A (688395) - Net Assets
Based on the latest financial reports, Shenzhen Sine Electric Co. Ltd. A (688395) has net assets worth CN¥779.17 Million CNY (≈ $114.02 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥944.07 Million ≈ $138.15 Million USD) and total liabilities (CN¥164.89 Million ≈ $24.13 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check 688395 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥779.17 Million |
| % of Total Assets | 82.53% |
| Annual Growth Rate | 16.03% |
| 5-Year Change | 148.86% |
| 10-Year Change | 332.28% |
| Growth Volatility | 32.76 |
Shenzhen Sine Electric Co. Ltd. A - Net Assets Trend (2013–2024)
This chart illustrates how Shenzhen Sine Electric Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Sine Electric Co. Ltd. A asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Sine Electric Co. Ltd. A (2013–2024)
The table below shows the annual net assets of Shenzhen Sine Electric Co. Ltd. A from 2013 to 2024. For live valuation and market cap data, see 688395 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥760.21 Million ≈ $111.24 Million |
+4.53% |
| 2023-12-31 | CN¥727.26 Million ≈ $106.42 Million |
+6.53% |
| 2022-12-31 | CN¥682.68 Million ≈ $99.90 Million |
+3.61% |
| 2021-12-31 | CN¥658.90 Million ≈ $96.42 Million |
+115.69% |
| 2020-12-31 | CN¥305.48 Million ≈ $44.70 Million |
+29.93% |
| 2019-12-31 | CN¥235.12 Million ≈ $34.41 Million |
+26.68% |
| 2018-12-31 | CN¥185.60 Million ≈ $27.16 Million |
+19.61% |
| 2017-12-31 | CN¥155.18 Million ≈ $22.71 Million |
-12.33% |
| 2016-12-31 | CN¥177.00 Million ≈ $25.90 Million |
+0.65% |
| 2015-12-31 | CN¥175.86 Million ≈ $25.73 Million |
+18.76% |
| 2014-12-31 | CN¥148.08 Million ≈ $21.67 Million |
-0.02% |
| 2013-12-31 | CN¥148.10 Million ≈ $21.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Sine Electric Co. Ltd. A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 596.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥301.03 Million | 39.60% |
| Common Stock | CN¥86.60 Million | 11.39% |
| Other Comprehensive Income | CN¥49.57 Million | 6.52% |
| Other Components | CN¥323.01 Million | 42.49% |
| Total Equity | CN¥760.21 Million | 100.00% |
Shenzhen Sine Electric Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shenzhen Sine Electric Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Meteoric Resources NL
AU:MEI
|
$374.50 Million |
|
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas
SA:AGRO3
|
$374.51 Million |
|
Semco Technologies Sas
PA:ALSEM
|
$374.73 Million |
|
General Accident PLC
LSE:GACA
|
$374.75 Million |
|
Opus Genetics, Inc.
NASDAQ:IRD
|
$374.24 Million |
|
FLAIR
NSE:FLAIR
|
$374.14 Million |
|
VTEX
NYSE:VTEX
|
$374.10 Million |
|
Hotel Majestic Cannes
PA:MLHMC
|
$374.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Sine Electric Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 727,261,871 to 760,206,322, a change of 32,944,451 (4.5%).
- Net income of 37,832,410 contributed positively to equity growth.
- Dividend payments of 17,215,250 reduced retained earnings.
- Other comprehensive income decreased equity by 1,659,185.
- Other factors increased equity by 13,986,476.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥37.83 Million | +4.98% |
| Dividends Paid | CN¥17.22 Million | -2.26% |
| Other Comprehensive Income | CN¥-1.66 Million | -0.22% |
| Other Changes | CN¥13.99 Million | +1.84% |
| Total Change | CN¥- | 4.53% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Sine Electric Co. Ltd. A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.34x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 12.41x to 3.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.38 | CN¥29.54 | x |
| 2014-12-31 | CN¥2.30 | CN¥29.54 | x |
| 2015-12-31 | CN¥2.41 | CN¥29.54 | x |
| 2016-12-31 | CN¥2.46 | CN¥29.54 | x |
| 2017-12-31 | CN¥2.40 | CN¥29.54 | x |
| 2018-12-31 | CN¥2.89 | CN¥29.54 | x |
| 2019-12-31 | CN¥3.67 | CN¥29.54 | x |
| 2020-12-31 | CN¥4.75 | CN¥29.54 | x |
| 2021-12-31 | CN¥7.66 | CN¥29.54 | x |
| 2022-12-31 | CN¥7.94 | CN¥29.54 | x |
| 2023-12-31 | CN¥8.39 | CN¥29.54 | x |
| 2024-12-31 | CN¥8.84 | CN¥29.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Sine Electric Co. Ltd. A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.31%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.22x
- Recent ROE (4.98%) is below the historical average (12.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.44% | 12.50% | 0.79x | 1.36x | CN¥5.10 Million |
| 2014 | 8.70% | 8.19% | 0.75x | 1.41x | CN¥-1.93 Million |
| 2015 | 2.49% | 2.99% | 0.62x | 1.34x | CN¥-11.40 Million |
| 2016 | 11.59% | 12.34% | 0.64x | 1.47x | CN¥2.50 Million |
| 2017 | 14.98% | 13.59% | 0.79x | 1.39x | CN¥7.72 Million |
| 2018 | 21.81% | 18.19% | 0.81x | 1.48x | CN¥21.92 Million |
| 2019 | 23.80% | 19.91% | 0.77x | 1.55x | CN¥32.45 Million |
| 2020 | 23.03% | 17.46% | 0.86x | 1.54x | CN¥39.81 Million |
| 2021 | 11.11% | 16.43% | 0.55x | 1.23x | CN¥7.30 Million |
| 2022 | 6.72% | 13.19% | 0.44x | 1.16x | CN¥-22.42 Million |
| 2023 | 7.03% | 13.70% | 0.44x | 1.15x | CN¥-21.60 Million |
| 2024 | 4.98% | 10.31% | 0.40x | 1.22x | CN¥-38.19 Million |
Industry Comparison
This section compares Shenzhen Sine Electric Co. Ltd. A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,542,980,118
- Average return on equity (ROE) among peers: 6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Sine Electric Co. Ltd. A (688395) | CN¥779.17 Million | 13.44% | 0.21x | $374.33 Million |
| XJ Electric Co Ltd (000400) | $1.49 Billion | 11.47% | 0.73x | $3.86 Billion |
| Guangdong Macro Co Ltd (000533) | $598.74 Million | 0.58% | 4.38x | $1.35 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.84 Billion | 10.28% | 0.11x | $1.03 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.27 Billion | 0.84% | 0.19x | $2.58 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.05 Billion | -0.83% | 4.35x | $864.19 Million |
| Huagong Tech Co Ltd (000988) | $7.43 Billion | 10.24% | 0.87x | $18.42 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.82 Billion |
| Sieyuan Electric Co Ltd (002028) | $8.60 Billion | 13.93% | 0.62x | $23.55 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $175.70 Million | 4.41% | 0.38x | $525.19 Million |
| Gotion High tech Co Ltd (002074) | $497.13 Million | 7.34% | 0.88x | $10.24 Billion |
About Shenzhen Sine Electric Co. Ltd. A
Shenzhen Sine Electric Co.,Ltd. engages in the research and development, production, and sale of electrical drive automation products in China. The company offers general and special purpose inverters, and servo systems. It serves equipment manufacturers and system integrators. The company also exports its products to Southeast Asia, the Middle East, Eastern Europe, South America, Africa, and oth… Read more